Sustainability
Amazon’s HQ in Seattle Sold to — Surprise! — Amazon for $1B
Vulcan Real Estate sold 11 office buildings to Amazon totaling 2 million square feet in the South Lake Union neighborhood.
Archstone Partnership Buys Green Apartments in Venice, Calif., for $56M
A partnership sponsored by Archstone has purchased The Frank, an upscale 70-unit apartment property, for $56 million.
JLL, Royal Philips Electronics Create Global Lighting Partnership
JLL has teamed up with a global lighting leader to deliver energy-efficient lighting and energy management solutions to all of the company’s clients.
Opus Breaks Ground on 127 KSF Build-to-Suit in Omaha
Opus Development has started work on a new home for Gavilon Group in Nebraska, which will be a Class A building incorporating sustainability.
CBRE Introduces Sustainability Research Program
CBRE Group plans to financially support advocates of sustainability in commercial real estate across the globe.
Bridge Sells 163 KSF Suburban Class A Chicago Office
Bridge Development Partners sold a suburban four-story office building in Chicago to Cole Real Estate Investments.
IPA, Rockefeller Group JV to Develop Apartments in Phoenix Suburbs
Investment Property Associates and The Rockefeller Group are developing a Class A apartment community in Gilbert, Ariz.
Transwestern Kicks Off 600 KSF Houston Office Project
Transwestern is developing a premier 660,000-square-foot office project in a joint venture with Miller Global.
Rockefeller JV Acquires San Francisco’s 50 Beale St.
The Rockefeller Group and Mitsubishi Estate have bought a 23-story, Class A office building in San Francisco’s South Financial District.
Tianjin Eco-City a Blueprint for China’s Future Urbanization Efforts
Residents and companies have started moving in to Tianjin Eco-city, a joint Chinese-Singaporean project located close to Beijing. At full build-out in 2020, the project is expected to house 350,000 residents.